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Cardamom remains weak on sluggish demand

Higher arrivals from producing regions affected the trade

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Press Trust of India New Delhi

Cardamom futures for April declined by Rs 6.50, or 0.58%, to Rs 1,120 per kg in 8 lots.

At the Multi Commodity Exchange (MCX), the March contract shed Rs 1.90, or 0.18%, to Rs 1,073 per kg in 207 lots.

Weak spot market trend, speculators trimming their positions amid sluggish demand affetced the trade.

Higher arrivals from producing belts also kept pressure on cardamom.

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First Published: Feb 01 2013 | 2:35 PM IST

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